Bill Barrett Corporation (NYSE:BBG) Short Interest Increased By 12.06%

January 13, 2018 - By Marguerite Chambers

 Bill Barrett Corporation (NYSE:BBG) Short Interest Increased By 12.06%

Investors sentiment increased to 1.3 in 2017 Q3. Its up 0.13, from 1.17 in 2017Q2. It increased, as 13 investors sold Bill Barrett Corporation shares while 37 reduced holdings. 19 funds opened positions while 46 raised stakes. 60.94 million shares or 5.20% less from 64.29 million shares in 2017Q2 were reported.
Tci Wealth Advisors holds 308 shares. Texas Permanent School Fund stated it has 0% in Bill Barrett Corporation (NYSE:BBG). Thrivent Financial For Lutherans reported 46,940 shares. Nationwide Fund Advsrs has 0% invested in Bill Barrett Corporation (NYSE:BBG). Parametric Port Assoc Ltd Liability Com holds 487,622 shares or 0% of its portfolio. Deprince Race Zollo, a Florida-based fund reported 195,000 shares. Walleye Trading Limited Liability Com invested in 0% or 30,457 shares. American Gru accumulated 59,879 shares. State Of Tennessee Treasury Department holds 66,897 shares or 0% of its portfolio. Alliancebernstein L P stated it has 120,822 shares. Jane Street Gru Ltd Com reported 77,153 shares or 0% of all its holdings. 7,392 were accumulated by Federated Investors Pa. 195,412 were accumulated by Price T Rowe Associate Md. Bridgeway Capital Mgmt invested in 287,100 shares. Teachers Retirement Of The State Of Kentucky owns 18,200 shares.

Since September 8, 2017, it had 0 buys, and 3 selling transactions for $118,700 activity.

The stock of Bill Barrett Corporation (NYSE:BBG) registered an increase of 12.06% in short interest. BBG’s total short interest was 10.43M shares in January as published by FINRA. Its up 12.06% from 9.31 million shares, reported previously. With 1.66M shares average volume, it will take short sellers 6 days to cover their BBG’s short positions. The short interest to Bill Barrett Corporation’s float is 16.84%.

The stock decreased 1.31% or $0.07 during the last trading session, reaching $5.26. About 2.28M shares traded. Bill Barrett Corporation (NYSE:BBG) has declined 43.01% since January 13, 2017 and is downtrending. It has underperformed by 59.71% the S&P500.

Bill Barrett Corporation, an independent energy company, acquires, explores for, and develops oil and natural gas resources in the United States. The company has market cap of $580.53 million. It primarily holds interests in the Denver-Julesburg basin and the Uinta oil program in the Uinta Basin in the Rocky Mountain region of the United States. It currently has negative earnings.

Bill Barrett Corporation (NYSE:BBG) Ratings Coverage

Among 19 analysts covering Bill Barrett Corporation (NYSE:BBG), 4 have Buy rating, 2 Sell and 13 Hold. Therefore 21% are positive. Bill Barrett Corporation has $14 highest and $1 lowest target. $7.28’s average target is 38.40% above currents $5.26 stock price. Bill Barrett Corporation had 60 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained Bill Barrett Corporation (NYSE:BBG) rating on Friday, September 4. BMO Capital Markets has “Market Perform” rating and $4.0 target. The rating was maintained by Canaccord Genuity with “Buy” on Friday, August 7. The rating was maintained by Deutsche Bank on Friday, August 7 with “Buy”. On Tuesday, May 3 the stock rating was downgraded by Deutsche Bank to “Hold”. The company was upgraded on Thursday, November 2 by Imperial Capital. On Wednesday, June 21 the stock rating was downgraded by Seaport Global to “Sell”. The stock of Bill Barrett Corporation (NYSE:BBG) earned “Neutral” rating by JP Morgan on Tuesday, October 13. The stock of Bill Barrett Corporation (NYSE:BBG) has “Hold” rating given on Tuesday, October 10 by BMO Capital Markets. The firm has “Buy” rating by Deutsche Bank given on Wednesday, December 9. The firm has “Equal-Weight” rating given on Thursday, August 11 by Barclays Capital.

More recent Bill Barrett Corporation (NYSE:BBG) news were published by: Prnewswire.com which released: “Bill Barrett Corporation Announces Exercise of Over-Allotment Option” on December 29, 2017. Also Prnewswire.com published the news titled: “SHAREHOLDER ALERT: Monteverde & Associates PC Announces An Investigation Of …” on January 08, 2018. Seekingalpha.com‘s news article titled: “Bill Barrett Corporation’s (BBG) Management Presents on Strategic Combination …” with publication date: December 17, 2017 was also an interesting one.

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